Common use of Amount and Terms of Credit Clause in Contracts

Amount and Terms of Credit. .. 23 Section 2.1. Amount and Nature of Credit..................................................................... 23 Section 2.2. Revolving Loans................................................................................. 24 Section 2.3. Letters of Credit............................................................................... 24 Section 2.4. Swing Loans..................................................................................... 26 Section 2.5. Interest........................................................................................ 27 Section 2.6. Evidence of Indebtedness........................................................................ 28 Section 2.7. Notice of Credit Event; Funding of Loans........................................................ 29 Section 2.8. Payment on Notes and Other Obligations.......................................................... 30 Section 2.9. Prepayment...................................................................................... 31 Section 2.10. Facility and Other Fees........................................................................ 31 Section 2.11. Modification to Commitment..................................................................... 32 Section 2.12. Computation of Interest and Fees............................................................... 33 Section 2.13. Mandatory Payment.............................................................................. 33 Section 2.14. Extension of Commitment........................................................................ 33 Section 2.15. Effectiveness of Guaranties.................................................................... 34

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Pioneer Standard Electronics Inc)

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Amount and Terms of Credit. .. 23 ..28 Section 2.1. Amount and Nature of Credit..................................................................... 23 .................................28 Section 2.2. Revolving Loans................................................................................. 24 .............................................29 Section 2.3. Letters of Credit............................................................................... 24 ...........................................29 Section 2.4. Swing Loans..................................................................................... 26 .................................................32 Section 2.5. Interest........................................................................................ 27 Term Loan A.................................................33 Section 2.6. Term Loan B.................................................33 Section 2.7. Interest....................................................34 Section 2.8. Evidence of Indebtedness........................................................................ 28 ....................................35 Section 2.72.9. Notice of Credit Event; Funding of Loans........................................................ 29 ....................36 Section 2.82.10. Payment on Notes Loans and Other Obligations.......................................................... 30 ......................37 Section 2.92.11. Prepayment...................................................................................... 31 ..................................................38 Section 2.102.12. Facility Revolving Credit Commitment and Other Fees........................................................................ 31 ..................38 Section 2.112.13. Modification to of Commitment..................................................................... 32 ..................................39 Section 2.122.14. Computation of Interest and Fees............................................................... 33 ............................40 Section 2.132.15. Mandatory Payment.............................................................................. 33 ...........................................40 Section 2.14. Extension of Commitment........................................................................ 33 Section 2.15. Effectiveness of Guaranties.................................................................... 342.16.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Shiloh Industries Inc)

Amount and Terms of Credit. .. 23 22 Section 2.1. Amount and Nature of Credit..................................................................... 23 .................................................................... 22 Section 2.2. US Revolving Loans................................................................................. 24 Credit............................................................................ 23 Section 2.3. Letters of Credit............................................................................... 24 CAD Revolving Loans............................................................................ 27 Section 2.4. Swing Loans..................................................................................... 26 Interest....................................................................................... 28 Section 2.5. Interest........................................................................................ 27 Section 2.6. Evidence of Indebtedness........................................................................ 28 ....................................................................... 30 Section 2.72.6. Notice of Credit Event; Funding of Loans........................................................ 29 ....................................................... 30 Section 2.7. Payment on Loans and Other Obligations......................................................... 32 Section 2.8. Payment on Notes and Other Obligations.......................................................... 30 Prepayment..................................................................................... 33 Section 2.9. Prepayment...................................................................................... 31 Section 2.10. Facility and Other Fees........................................................................ 31 34 Section 2.10. Modification of Commitment..................................................................... 34 Section 2.11. Modification to Commitment..................................................................... 32 Section 2.12. Computation of Interest and Fees............................................................... 33 36 Section 2.132.12. Mandatory Payment.............................................................................. 33 36 Section 2.13. Canadian Borrowers............................................................................. 37 Section 2.14. Waivers of Borrowers........................................................................... 38 Section 2.15. Extension of Commitment........................................................................ 33 Section 2.15. Effectiveness of Guaranties.................................................................... 3438

Appears in 1 contract

Samples: Credit Agreement (Applied Industrial Technologies Inc)

Amount and Terms of Credit. .. 23 Section 14 SECTION 2.1. Amount and Nature of Credit..................................................................... 23 Section AMOUNT AND NATURE OF CREDIT..................................................14 SECTION 2.2. Revolving Loans................................................................................. 24 Section CONDITIONS TO LOANS AND LETTERS OF CREDIT....................................19 SECTION 2.3. Letters of Credit............................................................................... 24 Section PAYMENT ON NOTES, ETC........................................................20 SECTION 2.4. Swing Loans..................................................................................... 26 Section PREPAYMENT...................................................................20 SECTION 2.5. Interest........................................................................................ 27 Section FACILITY AND OTHER FEES......................................................21 SECTION 2.6. Evidence of Indebtedness........................................................................ 28 Section REDUCTION OF COMMITMENT......................................................21 SECTION 2.7. Notice of Credit EventCOMPUTATION OF INTEREST AND FEES; Funding of Loans........................................................ 29 Section DEFAULT RATE.................................................................22 SECTION 2.8. Payment on Notes and Other Obligations.......................................................... 30 Section MANDATORY PAYMENT............................................................22 SECTION 2.9. Prepayment...................................................................................... 31 Section 2.10. Facility and Other Fees........................................................................ 31 Section 2.11. Modification to Commitment..................................................................... 32 Section 2.12. Computation of Interest and Fees............................................................... 33 Section 2.13. Mandatory Payment.............................................................................. 33 Section 2.14. Extension of Commitment........................................................................ 33 Section 2.15. Effectiveness of Guaranties.................................................................... 34EXTENSION OF COMMITMENT......................................................22

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Steris Corp)

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Amount and Terms of Credit. .. 23 18 Section 2.1. Amount and Nature of Credit..................................................................... 23 ................................................................... 18 Section 2.2. Revolving Loans................................................................................. 24 ............................................................................... 19 Section 2.3. Letters of Credit............................................................................... 24 ............................................................................. 19 Section 2.4. Swing Loans..................................................................................... 26 ................................................................................... 22 Section 2.5. Interest........................................................................................ 27 ...................................................................................... 23 Section 2.6. Evidence of Indebtedness........................................................................ 28 ...................................................................... 24 Section 2.7. Notice of Credit Event; Funding of Loans........................................................ 29 ...................................................... 24 Section 2.8. Payment on Notes Loans and Other Obligations.......................................................... 30 ........................................................ 25 Section 2.9. Prepayment...................................................................................... 31 .................................................................................... 26 Section 2.10. Facility Commitment and Other Fees........................................................................ 31 .................................................................... 27 Section 2.11. Modification to Commitment..................................................................... 32 Section 2.12. Computation of Interest and Fees............................................................... 33 Section 2.13. Mandatory Payment.............................................................................. 33 Section 2.14. Extension of Commitment........................................................................ 33 Section 2.15. Effectiveness of Guaranties.................................................................... 34.

Appears in 1 contract

Samples: Credit Agreement (Sykes Enterprises Inc)

Amount and Terms of Credit. .. 23 ..27 Section 2.1. Amount and Nature of Credit..................................................................... 23 .....................................................................27 Section 2.2. Revolving Loans................................................................................. 24 Credit................................................................................28 Section 2.3. Letters of Credit............................................................................... 24 Term Loans......................................................................................34 Section 2.4. Swing Loans..................................................................................... 26 Interest........................................................................................35 Section 2.5. Interest........................................................................................ 27 Section 2.6. Evidence of Indebtedness........................................................................ 28 ........................................................................38 Section 2.72.6. Notice of Credit EventEvents; Funding of Loans........................................................ 29 .......................................................38 Section 2.7. Addition of Foreign Borrowers...................................................................40 Section 2.8. Payment on Notes and Other Obligations.......................................................... 30 ..........................................................41 Section 2.9. Prepayment...................................................................................... 31 ......................................................................................42 Section 2.10. Facility Commitment and Other Fees........................................................................ 31 ; Reduction of Commitment..............................................43 Section 2.11. Modification to Commitment..................................................................... 32 Section 2.12. Computation of Interest and Fees............................................................... 33 ................................................................44 Section 2.13. Mandatory Payment.............................................................................. 33 Section 2.14. Extension of Commitment........................................................................ 33 Section 2.15. Effectiveness of Guaranties.................................................................... 342.12.

Appears in 1 contract

Samples: Credit Agreement (Cooper Companies Inc)

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